It's kind of funny to hear the same rhetoric spewed over and over regarding scrc 90% off it's alltime highs. There is a few stocks on the nyse exchange that are the same. Citicorp and Bac just 2 quick examples. It's been 6 or 7 years and they are off 90% on their highs 2 stocks that a lot of people own. It has been 6 years since citicorp was $45 and most people are long gone from that or have averaged down. The same thing with Bank of America it has not seen $50 a share in 6 years. The last 5 years its $15 to $18 essentially and AGAIN PEOPLE ARE LONG GONE WHO PAID TOP DOLLAR OR HAVE ELECTED TO AVERAGE IN. Same thing SCRC it is over 2 years or close to it and most either sold out .30 to .60 cents and took their basketball home or averaged down. It is so stupid by this brainiac to talk absolute top $1.05 to absolute Bottom .065 cents. Why????? None nows how many shares someone bot at lets say .9501 I bot 27.5k shares july 12th 2013. Yes I got all juiced up and stated where I was buying that day total stupidity but I can buy 300k shares here at .08 same $$$$$$$$ invested and lower by cost substantially. Just doing this lowers my cost to .155. Can you see my point?????????? That brainiac has no clue and noone else knows what people did in the last 2 years. When that stock tumbled on that dfriday to .414 it recovered to .65 and many people probably sold out at .40 to .60 and odds are they bought at .12 to .26 is probably very accurate.
Sandan congrats on being appointed the new ceo of your group as you deserve it very much!!!!!!!
Rising Car Payments: A Current Overview
The cost of cars has increased dramatically as have interest rates. May saw an average monthly car loan payment of $760, a little decrease from December 2022's $795. Still, this is a 40% rise over May 2019, when the average was $535. Almost 17 percent of car owners now pay more than $1,000 a month. Though it fell from a high of 17.9% in late 2023, this percentage is still high. Industry analysts think prices could continue to rise for some time. The... Continue Reading
Category: StocksTotal Views: 249 By : EditorUpdated: 06-17-2024
Introduction to TDK's Battery Breakthrough
Prominent Japanese electronic component maker TDK has revealed a major battery technology breakthrough. For use in its solid-state batteries, the company has created a new substance. Wearable device performance should be improved by this breakthrough. TDK is an Apple supplier, thus its developments have a big impact on consumer electronics. Estimated energy density of the new material is 1,000 Watt hours per liter. Over TDK's current offering... Continue Reading
Category: BusinessTotal Views: 234 By : EditorUpdated: 06-17-2024
Small businesses succeed mostly because of community involvement. Getting involved in the neighborhood creates brand image, loyalty, and trust. Developing networks, making the most of local resources, and making good use of social media all help to increase this involvement. Strategic planning and successful examples demonstrate the short- and long-term advantages of active community involvement.
Understanding Community Involvement
A company who actively participates in its community is sa... Continue Reading
Category: MarketsTotal Views: 204 By : EditorUpdated: 06-17-2024
Reduced inflation rates and a stable economic climate brought about by disinflation can have a good effect on the stock market. It helps particular industries, consumer spending, and corporate profits; central banks are essential in controlling these trends. Disinflation does, however, carry hazards including possible deflation and strain on profit margins. To properly negotiate the market, investors should keep an eye on international issues and central bank policies.
Understanding Disinflat... Continue Reading
Category: InvestingTotal Views: 232 By : EditorUpdated: 06-17-2024
Understanding the Role of Gold in Financial Markets
For millennia the foundation of the financial markets has been gold. It is an international medium of trade because of its acknowledged value everywhere. Because gold holds its value better than paper money, investors look to it in uncertain times. Currency devaluation and inflation are other hedges against which gold is used. Its price frequently moves counter to the stock market, which helps to balance diversified portfolios. Gold is impor... Continue Reading
Category: MarketsTotal Views: 248 By : EditorUpdated: 06-17-2024
European Markets Anticipate Mixed Opening
Mixed results should be expected from the opening of European markets. Investors are getting over the bad vibe that impacted the markets last week. The approaching interest rate decision by the Bank of England is part of the uncertainty. Market direction is something traders are trying to determine with caution. Mixed signals from different industries increase the ambiguity. Watchers of the market are searching for any indications that might affect tr... Continue Reading
Category: BusinessTotal Views: 273 By : EditorUpdated: 06-17-2024
Malaysia's Rise as a Data Center Powerhouse
Malaysia is emerging as a leading data center location in Southeast Asia. Growing need for artificial intelligence and cloud computing is what is causing this increase. The nation has seen investments from big IT firms including Google, Nvidia, and Microsoft. Center of this expansion is the city of Johor Bahru, which is close to Singapore. Important aspects are the infrastructure and strategic location of the city. By these advancements, Malaysi... Continue Reading
Category: EconomyTotal Views: 268 By : EditorUpdated: 06-17-2024
Kashkari Predicts Possible December Rate Cut
Rate reduction in December is a realistic expectation, according to Minneapolis Federal Reserve President Neel Kashkari. After a time of steady high rates, this prospective rate reduction would be the first of the year. Kashkari underlined the need of additional proof that inflation is consistently falling to the Fed's 2% goal level. He talked on this perspective in a CBS "Face the Nation" interview. The Fed is being cautious in order t... Continue Reading
Category: EconomyTotal Views: 258 By : EditorUpdated: 06-17-2024
China's Retail Sales Outperform Expectations in May
May retail sales in China were better than anticipated, up 3.7% over the same time last year. This growth was higher than the 3% rise that economists polled for Reuters. 3.92 trillion yuan ($540.32 billion) in consumer goods were sold in retail overall, according to the National Bureau of Statistics. Year over year, sales in rural areas increased by 4.1% and those in urban areas by 3.7%. Resilient consumer demand is suggested by the good... Continue Reading
Category: MarketsTotal Views: 259 By : EditorUpdated: 06-17-2024
Hong Kong Stocks Reverse Losses After Key China Data Release
Regaining 0.71% following the publication of important Chinese economic data was the Hong Kong Hang Seng index. An initial decline was followed by this recovery, which encouraged investors. The information comprised details on industrial output, urban unemployment, and retail sales in China. Positive response points to belief in China's ability to weather economic downturns. Analysts think the information will impact next moves ... Continue Reading